Gulfport Energy (GPOR) Receives a Buy from Siebert Williams Shank & Co
In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co reiterated a Buy rating on Gulfport Energy, with a price target of $265.00.
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Sorbara covers the Energy sector, focusing on stocks such as Devon Energy, Comstock Resources, and CNX Resources. According to TipRanks, Sorbara has an average return of 15.7% and a 64.95% success rate on recommended stocks.
Gulfport Energy has an analyst consensus of Moderate Buy, with a price target consensus of $239.22.
Based on Gulfport Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $355.49 million and a net profit of $132.42 million. In comparison, last year the company earned a revenue of $284.83 million and had a GAAP net loss of $273.24 million
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GPOR in relation to earlier this year. Last month, Jason Joseph Martinez, a Director at GPOR sold 400.00 shares for a total of $85,360.00.
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